Real Life Retirement™ Services

Redefining retirement

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Marc B., age 58
Piedmont, California
Semi-retired
Married, three children

"To reduce expenses, I bought a bicycle and I do half my errands on it."

Marc's Tips

Ask yourself what you and your family really need to have a fulfilling life.

Don't forget about inflation. It can easily outpace your income stream.

Highlights

Found a way to transition from full-time work to part-time consulting.

Devised simple, painless ways to spend less.

Now has more time for himself and his family.

With an eye on retirement, Marc looked closely at his family's expenses.

"In transitioning away from full-time work, I looked at my family's financial security in two ways. One was income stream—my pension and our savings. The other was spending. I carefully assessed how we spend our money.”

Cutting back, not cutting out.

"To reduce expenses, I bought a bicycle and I do half my errands on it. My car is parked for weeks on end. We have more meals at home as opposed to eating out. For family vacations, we take camping and car trips instead of seeking out expensive vacation destinations.

"These steps enabled me to become a part-time consultant, so I can be more selective and purposeful in the work I do. It's always been a goal for me to have more time for my family, and for myself. We've realized that all it takes is planning and compromise—we can do this!”

Take the Next Step.

We thank Marc for sharing what worked for him. His words have been edited. Marc has been compensated only for his time and travel to film the video. The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. Examples provided are for illustrative purposes only and not intended to be predictive of future results.

The types of financial transactions mentioned may not be suitable for everyone. Each investor needs to review a transaction for his or her own particular situation. Data contained here is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Examples provided,
including statistical simulations, are provided for illustrative purposes only and are not intended to imply future results you should expect to see. Past performance is no guarantee of future results.